Canadian Palladium Resources Inc.

09:51 AM EST - Canadian Palladium Resources Inc. : (formerly 21C Metals Inc.) Has increased its proposed non-brokered private placement by $500,000. The Company now intends to raise gross proceeds of up to $4 million through the issuance of 33,333,334 units (each, a "Unit") at a price of $0.12 per Unit. Each Unit shall consist of one common share and one common share purchase warrant exercisable at a price of $0.18 for a period of 12 months from the date of grant. The Company intends to use the proceeds of the financing to advance its East Bull palladium project and for general working capital. Canadian Palladium Resources Inc. shares BULL:CNX are trading unchanged at $0.18.